Anyone that feels minimum wage should be raised needs to take a few classes in economics. I don't mean reading a few opinion pieces online or a bestselling book on Amazon. I mean genuine fundamental economics courses. This includes the politicians passing these types of laws. The latter should, at the very least, be a requirement to even vote or pass on laws that have such an impact on the local or national economy. I'm in awe...absolute awe, that this happens in modern society today. At least this was a minor raise and should have little to no impact either way, for the most part.

Educate yourselves people, please! Our country is being run by the economic incompetent, and those who are voting are even more so. Shoot, you don't even need to go to college...there are free fundamentals in Econ books at your local library. There's no excuse for incompetence anymore. None, zilch, nada.

Ugh, I wish Utah had followed the rest. It's hard being a hard working college student earning minimum wage and still going to school full time. Good thing I have amazing parents that support me through everything. http://idollawfirm.com/Bankruptcy.html

Any increase in the non mandated Federal wage (that what is it for the ignorant) will only cause the cost of goods and services to rise and for all the I deserve more to flip a patty, make a bed, scoop ice cream or why ever it is you do where you ask for a job and got what was offered, if you get $20.00 an hour it will not help you at all. All of those goods and services will go up. Obama wants you to keep doing what your doing, depend on the mindless thoughts from his camp. If you do continue to do so he will in effect cause to socioeconomic war he has wanted for years. He is a socialist of the worst kind, a handicapper to the masses and the last thing this idiot wants is for you to think on your own.

If you got a hundred bucks an hour all of you who see this as some life altering event, he knows you will be paying $10.00 for a loaf of wonder bread. See how far that gets you.

He is lowering your thinking ability everyday and laughing at the control he has tens of millions who believe in his sick lies and are spellbound by his majesties bull malarky.

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1. It only effects the price of goods that are largely dependent on min wage jobs (which effectively means fast food and retail). It wouldn't, for example, have a large impact on the price of electronics.

2. The increase in price isn't that much because the price of min wage labor isn't typically the largest cost. I believe (and someone can correct me on this) it usually acounts for less then a third of the cost of a business.

3. The increase in price will also be offset by an increase in revenue. The people that shop at walmart are typically those with low paying jobs, which will now have more money to spend at wallmart.

4. The increase in price may also be offset by a decrease in tax and/or increase in government services, since there will be less payouts in welfare benefits.

So for a moderate increase in cost, you get a large injection of spending into a spending starved economy, which will translate into more jobs.

@tom.litton@DSNIPES You are wrong in only thinking that it will affect those jobs that only use min wage. ALL employers will be affected by this because ALL will have to pay a higher min wage, especially if they already pay a little more than minimum, they will now have to pay more, therefore, raising the price of their products as well.

@raidx259 hello. recipient of a bachelors and masters with magna cum laude honors and a 3.8 grade point average -- yet had 7 jobs in the past year alone due to temporary contracts and internships only being available. oh, and i have almost 90k in debt to pay back starting on my weddin' day. woo-hoo.

My daughter’s friend told her that. We
are not a high income state. I am not sure what all programs add to the $5k but
the TANF only for a family of 4 would bring $1019 per month (http://www.acf.hhs.gov/programs) I
used individual times 4-not married (2 heads of household may bring more?). I wonder if the TANF program and welfare are the same? Then there is a http://www.hsd.state.nm.us/isd/ that
shows more programs available. My apologies (not intentional) I just asked my daughter and she said
she thinks they do get SSI and Disability (Both are capable of work). The Housing Authority Section 8 or HUD pays
for the rental assistance or housing, LIHEAP pays for energy and of course there is: actual Welfare, WIC,
ACF-Admin for Children and Families, SNAP and SFAG-State Family Assistance
Grants, the phone program, medicare/medicaid There are probably more-but I
don’t want the research. Lol ps Do realize that I do believe that these
assistance programs are necessary for emergency situations but not as a never
ending means of income.

Whoa, where you from? A family of 4 where I live gets welfare/food stamps/ free (or very low) housing with full electrical/reduced gas pricing/ free phones/health care including eye and dental plus around $5000. a month additional living cost. If a house hold member works 20 hours per week you also get free daycare. Their are multiple grants/schlorships available that pretty much anyone that can carry a 2.0 can get if they go the first year out of high school. And why do you think people want to stay on welfare, etc? Humm, I wonder.